Mr Keith Choy has given a speech at the at the Hong Kong Web3 Festival 2023. In the speech, Mr Choy talks about the rise of blockchain technology and the importance of regulation in the industry. He emphasizes the need for collaboration between regulators and the industry to promote innovation and protect investors. Additionally, he discusses the SFC’s approach to regulating digital assets and related activities (DeFi and the proposed new VATP regime), including the licensing of virtual asset trading platforms.
resource: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR32